Real Estate Rumors: Coinbase, Manuel Mato, Brack Capital

Law360 (June 14, 2021, 5:04 PM EDT) -- Coinbase has reached a deal to sublease 30,000 square feet in Hudson Yards in Manhattan from Point72 Asset Management, The New York Post reported Sunday, citing sources with knowledge of the matter. The California-based trading platform is taking space at 55 Hudson Yards, a Related Co. building, and with the deal Point72 Asset Management is subleasing just a fraction of its 339,000 square feet at the tower, according to the report.

An entity affiliated with Florida investor Manuel Mato has purchased 445 acres of land in Palm Beach Gardens, Florida, for $69.41 million, the South Florida Business Journal reported Monday. The...

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